Top 5 Current Affairs: 8 January 2021
The Reserve Bank of India (RBI) constituted the Payment Infrastructure Development Fund (PIFD) on June 5, 2020.
Elon Musk became the world's richest person by surpassing Amazon founder Jeff Bezos on the Bloomberg Billionaires Index. SpaceX and Tesla CEO had a net worth of USD 188.5 billion, which is USD 1.5 billion more than Bezos.
Shivalik Mercantile Co-operative Bank (SMCB) has become the first Indian urban Cooperative bank to switch to a Small Finance Bank (SFB). The move came after the Reserve Bank of India (RBI) granted its approval to the Commercial Banking License of the cooperative bank.
India will chair the three subsidiary bodies- Counter-Terrorism Committee, Libya Sanctions committee and Taliban Sanctions Committee in 2022. These three bodies are subsidiaries of the United Nations Security Council (UNSC).
The Reserve Bank of India (RBI) constituted the Payment Infrastructure Development Fund (PIFD) on June 5, 2020. This Rs. 500 Crore fund will help support the development of the digital payment ecosystem in India's northeast and rural districts.
PM Narendra Modi will on January 9, 2021 will inaugurate the 16th Pravasi Bharatiya Divas Convention that will be held virtually. This flagship event will help engage and connect with the overseas citizens.
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